>There's really nothing prohibiting them from doing that, I don't see why a law needs to be changed for this to start taking place.
That's exactly the point. There is nothing prohibiting them from doing that but they don't do it anyway because it makes life a little more difficult for them while making like substantially more difficult for the debt holder. Parent post is suggesting enforcing an inversion of that dynamic - put more power in the hands of the debt holder and less in the hands of the debt owner. A law is absolutely required to overcome the natural incentives at play, if that is the goal.
That's exactly the point. There is nothing prohibiting them from doing that but they don't do it anyway because it makes life a little more difficult for them while making like substantially more difficult for the debt holder. Parent post is suggesting enforcing an inversion of that dynamic - put more power in the hands of the debt holder and less in the hands of the debt owner. A law is absolutely required to overcome the natural incentives at play, if that is the goal.